BJ's sales up, lag estimates

SamMamudi

NEW YORK (MarketWatch) -- BJ's Wholesale Club Inc.
bj
said Thursday that its August sales at stores open at least one year rose 2.4%. Analysts, on average, had expected same-store sales to rise 3.3%, according to Thomson Reuters. Sales for the four weeks ended Aug. 28 rose 4.9% to $794.6 million. Excluding gas sales, same-store sales at BJ's clubs rose 1.9%, lagging estimates of 2.4%.

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